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in sight. this is an incredibly scary environment for people and they've come this way. the financials and their mid to late 50s us something we know. they are happier with life so there's something to look forward to. on the other hand it's the many reasons why they are a bit more gullible or some of the mark. what everybody is. but there is a lot of questioning. the third part is there has been a concerted effort so freely since the 1950's i would argue that it's gotten more with each passing year. the ten stocks to select which is no enron but it's absolutely true the government didn't a bailout enron. cnbc is legitimate. they are that financially savvy, no matter what they say. and so they come to the show and it looks great. of thing is of course these people are persuasive. people -- nobody is walking around outside the saying don't trust the word i'm saying. and these people tell me this is what they believe and they are bred to try these products and see what happens. i spoke to people, i spoke to one person that never forgot this she told me that he lost a couple hundred thous
in sight this is an incredibly scary the environment and the money show says he will help you. also we know our financial smarts peek at the mid-50s. we tend to be less doubting that that is why elderly people report being happier with life. something to look forward to but it is one of the many reasons why they are more gullible. some of them. but the third part is there is a concerted effort to release since the 1950's and has done more extreme and it has legitimacies per cubic of "fortune" magazine and there are tens stocks to select. 2007 they picked ag and it is no and on. that is true. the government did not bail out enron. and legitimacy is given to this and so they come to the many show and it looks great and these people are persuasive. nobody is walking around saying don't trust the word i am saying. and these people tell me this is what they believe and they will try these products and see what happens. i spoke to one person and he told me he lost a couple hundred thousand dollars during said doc, booming and i said what lessons did you take from the? he said stop-loss orders. yo
been zero or next to zero for years now with no end in sight. this is an incredibly scary environment for people, and thicks like the money show hold themselves out as come this way, we're going to help you. >> now, they do something else too that's disstressing which is we all know, you know, financial smarts peak in the mid to late-50s. this is something we know. we tend to be less doubting as we get older. on the plus side, elderly people are happier with life than us at middle age. something to look forward to there. earpd, it's one of the many reasons why they are more gullible. >> host: yeah. >> guest: some of them are, obviously, not everybody is. there's a lack of questioning. the third part is there's been a concerted effort to sell us on all of this since the 1950s i argue, but it's gotten more extreme with each passing year, and it's given legitimacy. you know, you pick up "fortune" magazine, and there's ten stocks to select. i always love 2007, and they picked aig saying it's no enron. that's true. the government did not bail out enron. >> host: true. >> guest: cnbc gives
for taking a stand. some of the relatively freer environment, they're able to create conditions for the modern is that. >> host: talk about some of the people of the movement. who were the people who most of those things? was a king, mathematics, and death of avarice, stokely carmichael? >> guest: all of them had different roles in the movement pier one at the ways in which i tried to explain to students is rosa parks made the cooking possible. martin luther king didn't make rosa parks possible. if she had done what she did for refusing to give up her seat on that last, martin luther king would've simply been an articulate, well meaning baptist minister. it's because of rosa parks that were talking about him today. she opened up the possibility for him to display those qualities that he had been to rise to the occasion. >> host: she also said russia was sitting on the best refusing to give up her seat, she was thinking about emmett till, the 14th of black way from chicago who went to mississippi in 1855 and because he was a better way women, was brutally murdered. to think his d
Search Results 0 to 3 of about 4